Important Stats & Quotes

Through our research, presentations, and networking we've come across these telling statistics and quotes.

 

Population

There are about 79 million millennials in the U.S., versus the 48 million Generation Xers (born between 1965 and 1980). [Source]

 

In 2013, the millennial population in the city of Bradenton was 9,873. In Manatee County total there are a little less than 24,000 millennials. [Source]

 

Jobs, Workforce, & Education

Bradenton ranks 42 in the state as Best Florida Cities for Millennial Job Seekers. [Source]

 

Millennials will make up 50 percent of the U.S. workforce by 2030. [Source]

 

One-third of older millennials (ages 26 to 33) have earned at least a four-year college degree, making them the best-educated group of young adults in US history [Source]

 

Housing

Top three housing options in Manatee County includes: 1) single family homes 2) mobile homes 3) duplexes [Source]

 

No more than 30% of income should be spent on housing [Source]

 

The median rent in Manatee County back in 2013 was $907. [Source]

 

 

Behavior & Attitudes

"Young people vote exactly as you would expect them to vote. - proportional to the amount of time politicians spend reaching out to them." - David Burnstein, writer and speaker on millennial politics. [Source]

 

"The Now Generation has become the me generation." – New York Times, 1976 [Source]

 

"They have trouble making decisions. They would rather hike in the Himalayas than climb the corporate ladder. They crave entertainment, but their attention span is as short as one zap of a TV dial." - Time Magazine, 1990 [Source]

 

 

Finances

Millennials make up 21% of consumer discretionary purchases [Source]

 

The purchasing power of millennials is estimated to be $170 billion per year. [Source]

 

The median income for millennials in the US who are year-round, full-time workers is $33,883. [Source]

 

Transportation

Millennials desire multi-modal transportation systems. [Source]

 

Technology

56 percent of millennials think technology helps people use their time more efficiently. [Source]

 

41 percent of millennials have no landline at home and rely on their cellphones for communication. [Source]

 

87 percent of online adults in the US age 18 to 29 use Facebook, with 53 percent on Instagram, 37 percent on Twitter and 34 percent on Pinterest [Source]

 

More than 85 percent of millennials in the US own smartphones. [Source]

 

Placemaking

"Placemaking is community organizing. It's a campaign." [Source]

 

"Government's role: Be the host, don't try to be the life of the party." Place Governance working group [Source]